Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) Short Interest Up 74.6% in August

Bahl & Gaynor Income Growth ETF (NYSEARCA:BGIG) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 29,946 shares, an increase of 74.6% from the July 30th total of 17,152 shares. Based on an average daily volume of 86,290 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Bahl & Gaynor Income Growth ETF Trading Down 0.2%

NYSEARCA BGIG opened at $36.52 on Wednesday. Bahl & Gaynor Income Growth ETF has a 12 month low of $31.14 and a 12 month high of $37.73. The stock has a 50-day simple moving average of $36.50 and a 200 day simple moving average of $35.17. The company has a market capitalization of $2.21 billion, a PE ratio of 22.85 and a beta of 0.53.

Institutional Trading of Bahl & Gaynor Income Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. AdvisorNet Financial Inc acquired a new stake in shares of Bahl & Gaynor Income Growth ETF in the 1st quarter valued at approximately $80,000. Anchor Investment Management LLC bought a new stake in Bahl & Gaynor Income Growth ETF in the first quarter valued at approximately $126,000. Lcnb Corp bought a new stake in Bahl & Gaynor Income Growth ETF in the fourth quarter valued at approximately $226,000. Arkadios Wealth Advisors bought a new stake in Bahl & Gaynor Income Growth ETF in the first quarter valued at approximately $787,000. Finally, Janney Montgomery Scott LLC acquired a new stake in Bahl & Gaynor Income Growth ETF in the first quarter worth $933,000.

About Bahl & Gaynor Income Growth ETF

The Bahl & Gaynor Income Growth ETF (BGIG) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, investing in US large cap companies with a reliable dividend stream. The fund uses a bottom-up approach to select companies that are perceived to have strong fundamentals BGIG was launched on Sep 15, 2023 and is issued by Bahl & Gaynor.